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Both Bitcoin and Litecoin traded mostly flat since our last update seven days ago. Bitcoin is quoted at $3,920 dollars per coin right now, down from $3,974 last Tuesday. Its little brother is trading at $52.71, down by 3.1 percent.
Bitcoin Mostly Fla...

... taking "the heat" to Siberia?
If anyone wanna practice Bitcoin`s reverse-polish notation AND simultaneously get ready for programming nanobots, try this: http://grobots.wikia.com/wiki/Grobots_Wiki
40:49 well, depth would be the number o...

Hey guys.
Did i understand it correctly. I can swap my LTBC to get POE.
Do i get the same amount?
My last question is it possible to send it from poloniex or do i need to use Counterwallet?
best regards
Sebastian

Russia exports more oil then Saudi. I respect Andreas very much, but he should pay more attention to tangible stuff in the world too.
With crypto you can move anything in the world. Anything but natural resources sources.

You're putting the cart before the horse. Bitpay doesn't pick which technologies they support, their customers do. Bitpay doesn't pay transaction fees on the network, their customers do. When customers tell Bitpay they want to be able to use Bitco...

User Activity

That's a great idea, we just an application that can enable it between users.... I wonder if @loon3 could build this into the Companion :)

@adam so you're saying that this is not too difficult, technically speaking? I thought all of this required a soft fork to even be feasible.

edit: another idea.. you're working on token-controlled access, which could have a use here. for example, a common way to show a preview video to a client is to upload it (with a watermark) to vimeo and put a password on it. then disable downloading til they pay. maybe tokens could control access to the content, so that I would "lock" the video with a token, then when I recieve the payment, I send that token to the client. tokens could even be used to overlay or remove watermarks, but that adds another layer of complexity.

The long term goal of Sia is to be the backbone storage layer of the Internet.
All long term storage will be performed on Sia. All movies and music will be
streamed from Sia. All images will be embedded from Sia. All businesses will
use Sia as a backend for cloud storage. Sia intends to replace Bittorrent,
Amazon S3, Amazon Glacier, Microsoft OneDrive, and all backend cloud storage
services. We intend to fully disrupt a many billion dollar industry.

Sia is meant to be a Platform that other applications can build off of. The
beta has a first draft API for developers to use, found here.

Over the next few months, we are focusing on building out the api and creating
an example application that replaces Bittorrent. If you have ideas for things
that you want to build which will use Sia, please get in touch with us. Sia is
completely open source, and you can use the API without getting explicit
permission or paying any royalties or licensing fees.

here's a quote from the people on bitcointalk..

Quote from: tyz on May 14, 2015, 11:54:12 AM
Opening post looks promising. Will it be possible to host website on the blockchain and call them through a Siacoin-like browser?
This would be awesome!

You could! It would end up like Freenet, where all pages were static. More likely though, you'd fetch webpages from a standard server, and then the embedded content (javascript libraries, images, videos, audio, etc.) would be fetched from Sia.

so there are a few competitors for distributed cloud storage already- these guys, storj, etherium, maidsafe, meganet, etc.. mostly vaporware for now but if one of them can pull it off, they'll be like a massive content backend for a new decentralized, open, p2p internet framework. they could host content for billions of people, all without any datacenters. and the p2p nature of it all might open up some posibilities that nobody's thought of yet. so if anyone gets it up & running, and achieves mass adoption, we all win. fascinating stuff.

Sia is currently only a testnet. The full network and cryptocurrency will be
released on June 7th, 2015. The test network supports file uploads of up to
100mb. Larger uploads may be successful, but are likely to crash the program.

...and it looks like they have a parent company which takes 3.9%:

Sia has a second cryptocurrency, called the Siafund. 3.9% of all successful
storage contract payouts go to the holders of the siafunds. There are 10,000
siafunds total, and all 10,000 are completely premined. Sia's parent company,
Nebulous Inc., holds approximately 8750 of these siafunds. The remaining
siafunds were sold in a crowdfund which helped to finance Sia's early
development. The primary goal of siafunding is to provide a way to finance the
development of Sia without relying on donations or a premine. More people
using Sia means more funding available to hire more developers.

On Today's Show

LTB Community Recent Posts

Both Bitcoin and Litecoin traded mostly flat since our last update seven days ago. Bitcoin is quoted at $3,920 dollars per coin right now, down from $3,974 last Tuesday. Its little brother is trading at $52.71, down by 3.1 percent.
Bitcoin Mostly Fla...

... taking "the heat" to Siberia?
If anyone wanna practice Bitcoin`s reverse-polish notation AND simultaneously get ready for programming nanobots, try this: http://grobots.wikia.com/wiki/Grobots_Wiki
40:49 well, depth would be the number o...

Hey guys.
Did i understand it correctly. I can swap my LTBC to get POE.
Do i get the same amount?
My last question is it possible to send it from poloniex or do i need to use Counterwallet?
best regards
Sebastian

Russia exports more oil then Saudi. I respect Andreas very much, but he should pay more attention to tangible stuff in the world too.
With crypto you can move anything in the world. Anything but natural resources sources.

You're putting the cart before the horse. Bitpay doesn't pick which technologies they support, their customers do. Bitpay doesn't pay transaction fees on the network, their customers do. When customers tell Bitpay they want to be able to use Bitco...